Oil & Energy

Diesel passes €2 per litre in Germany due to war in Iran

Agency Report The price of diesel in Germany has climbed to more than €2 ($2.32) per litre as a result of the war in Iran,...

Globeleq Acquires Majority Stake in Zambia’s Lunsemfwa Hydro Power Company

By Gabriel Ani LUSAKA, Zambia (chatnewstv.com) — Globeleq has completed the acquisition of a 51% equity stake in Lunsemfwa Hydro Power Company from Norfund, marking...
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NNPCL, Dangote Sign Strategic Energy Pact

Agency Report The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Dangote Group have forged a renewed strategic alliance...

BREAKING: SERAP sues NNPCL over ‘failure to account for missing N22.3bn, $49.7m, £14.3m, €5.2m oil money’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over...

North Sea states sign deal to create ‘world’s largest energy hub’

By Agency Report European countries bordering the North Sea have agreed to sizeable investments to expand offshore wind energy production, at...

Nigeria Eyes Crude Trade Expansion with China Amid Venezuelan Supply Collapse

By chatnewstv.com LAGOS, Nigeria — Nigeria is positioning its oil sector to capture a larger share of the Asian energy...

BluEnergies partners with TotalEnergies for Liberian offshore exploration

By chatnewstv.com VANCOUVER, British Columbia — BluEnergies Ltd. announced Thursday it has entered into a joint study agreement with a...

Rubio Defends US ‘Quarantine’ on Venezuelan Oil, Cites Court Orders as Legal Basis

WASHINGTON — Secretary of State Marco Rubio defended the Trump administration's move to "run" the direction of Venezuela through...